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Alexa Fund

The Alexa Fund is a corporate investment fund Amazon set up in June 2015 with up to $100 million for developers, hardware makers and startups working on voice technology. Amazon added another $100 million in 2017, and the fund later expanded into artificial intelligence, hardware and entertainment.

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Key facts

A $100 Million Fund

On June 25, 2015, Amazon announced the Alexa Fund, with up to $100 million in investments for developers, manufacturers and start-ups of all sizes building voice-driven products and experiences; the same day it made the Alexa Voice Service behind Amazon Echo available to third-party hardware makers at no cost.⁠[1]

Another $100 Million

On November 29, 2017, the Alexa Fund received an additional $100 million to support Alexa’s international expansion. Over the previous two years it had invested in more than 30 companies, seven of them outside the U.S., including the Canadian smart home company Ecobee, the home security company Ring and the French smart speaker maker Invoxia.⁠[2]

Amazon also ran the Alexa Accelerator, a 13-week startup accelerator operated by Techstars in Seattle.⁠[2]

As of October 2026: Focus and Portfolio

As of October 2026, Amazon’s developer site says the Alexa Fund, launched in 2015, has expanded from voice innovation to artificial intelligence, hardware and entertainment; its listed portfolio includes NinjaTech AI, Skild AI, Hedra, Volley, Osmo and Span.⁠[3]

Related Organizations, Websites, and Public Accounts

Sources

  1. Amazon Introduces the Alexa Fund: $100 Million in Investments to Fuel Voice Technology Innovation (opens in a new window)
  2. Amazon commits another $100 million to Alexa Fund for international expansion (opens in a new window)
  3. Alexa Fund (opens in a new window)